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Manheim Honors Toyota Financial Services for Sales

Company Recognized as Highest-Volume Seller on for 2013, Sets Record

ATLANTA – Manheim recently honored Toyota Financial Services with the Highest-Volume Seller Award for 2013. It was the highest-ever volume sold by one customer on in a year.

“It is an honor to be recognized by both Manheim and, two of our company’s great auto remarketing partners,” said Michael Reid, national manager of Toyota Financial Services (TFS)/Lexus Financial Services (LFS) Remarketing. “Our company counts on and Manheim to help us to provide solutions, deliver results and sell vehicles.”

“Toyota Financial Services is our largest seller on,” said Allan Wilwayco, general manager of Manheim Digital Marketplace. “TFS has set the standard for digital remarketing, while establishing a transactional market that provides above-average retentions. TFS is an excellent partner, and is a leader in the industry.”

Reid accepted the award last month at Lexus Financial Services offices in Torrance, Calif.

About Manheim (

Manheim is the leading global provider of vehicle remarketing services, connecting buyers and sellers of used vehicles to the largest wholesale used-vehicle marketplace. The company helps dealer and commercial customers achieve results by providing physical and digital auction channels, data analysis, financing, transportation and mobile products and solutions.

Manheim pioneered in-lane vehicle auctions and has been an innovator in both digital and mobile auction platforms. Manheim registers nearly 8 million used vehicles annually, facilitating transactions representing more than $50 billion in value. Manheim’s research and consulting arm, Manheim Consulting, provides industry-leading market intelligence and publishes the widely recognized annual Used Car Market Report. The company offers dealer financing though NextGear Capital, Inc., and transportation services through Ready Auto Transport.

Headquartered in Atlanta, Manheim has more than 20,000 employees in 106 worldwide sites and generates annual revenues of more than $2.5 billion. A subsidiary of Cox Enterprises, Manheim participates in “Go Green with Manheim,” the company’s sustainability program.

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NAAA Posted 7/9/2014